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economic experiment was used. Its results were analyzed with the use of descriptive statistics and econometric methods. The …
Persistent link: https://www.econbiz.de/10011393281
activities. We use an economic experiment to examine whether the market efficiency of conservation auctions increases or …
Persistent link: https://www.econbiz.de/10012907680
benefits of policy interventions. The paper reports the results of an experiment that combines induced value and home …-grown value elicitation procedures. Home-grown values are elicited for a public food policy. The experiment has two treatments … that differ in the elicitation technique: secondprice Vickrey auction and discrete choice experiment. For each technique …
Persistent link: https://www.econbiz.de/10012263861
activities. We use an economic experiment to examine whether the market efficiency of conservation auctions increases or …
Persistent link: https://www.econbiz.de/10011932593
The double-oral auction and voluntary contribution mechanism experiments are the two most commonly used classroom experiments. In addition to running these experiments to illustrate market equilibrium and free riding, variations can be introduced to demonstrate more complex points. Several...
Persistent link: https://www.econbiz.de/10014150697
choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …
Persistent link: https://www.econbiz.de/10010224988
We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how …
Persistent link: https://www.econbiz.de/10013167956
A unique indivisible commodity with an unknown common value is owned by group of individuals and should be allocated to one of them while compensating the others monetarily. We study the so-called fair division game (Güth, Ivanova-Stenzel, Königstein, and Strobel (2002, 2005)) theoretically...
Persistent link: https://www.econbiz.de/10003905741
in an experiment. Our data show that indeed, strengthening weaker contestants through tie-breaks and bid …
Persistent link: https://www.econbiz.de/10011472073
in an experiment. Our data show that indeed, strengthening weaker contestants through tie-breaks and bid …
Persistent link: https://www.econbiz.de/10011489403